Salary Rate Calculation. a. Category 5+ shall be seventy-four percent (74%) of the difference between Category 5 and Category 6. b. Where the salary rate for Category 5+ as at March 31, 2006 exceeds seventy- four percent (74%) of the difference between Category 5 and Category 6 as at April 1, 2006, the salary rate for Category 5+ as at March 31, 2006 shall remain. c. Where the salary rate calculated pursuant to B.12.3.a exceeds the salary rate calculated pursuant to Letter of Understanding No. 11, the salary rate calculated pursuant to B.12.3.a shall be implemented.
Appears in 8 contracts
Sources: Collective Agreement, Provincial Collective Agreement, Provincial Collective Agreement
Salary Rate Calculation. a. Category 5+ shall be seventy-four percent (74%) of the difference between Category 5 and Category 6.
b. Where the salary rate for Category 5+ as at March 31, 2006 exceeds seventy- seventy-four percent (74%) of the difference between Category 5 and Category 6 as at April 1, 2006, the salary rate for Category 5+ as at March 31, 2006 shall remain.
c. Where the salary rate calculated pursuant to B.12.3.a exceeds the salary rate calculated pursuant to Letter of Understanding No. 11, the salary rate calculated pursuant to B.12.3.a shall be implemented.
Appears in 3 contracts
Sources: Collective Agreement, Collective Agreement, Collective Agreement